Skip to main content

Deposit Rates and Local Markets

(PDF PDF icon)

Commercial banks and thrift institutions have always competed aggressively for deposits, but in today's market they must increasingly rely on rate competition to attract depositors. They have to do this because recent changes in regulations have transformed the deposit market.

Commercial banks and thrift institutions have always competed aggressively for deposits, but in today's market they must increasingly rely on rate competition to attract depositors. They have to do this because recent changes in regulations have transformed the deposit market.


Suggested citation: Watro, Paul R., 1985. "Deposit Rates and Local Markets,” Federal Reserve Bank of Cleveland, Economic Commentary, 02.15.1985.

Upcoming EventsSEE ALL